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Voting is open on next week’s 43North challenge, where four Boston-area startups will vie for more than $50,000 in prizes.
“We want to celebrate the companies that are already working to ‘make Boston awesome’ and celebrate those already there,” 43North CEO Kate Chrastka told TechCrunch. “For two weeks starting Oct. 29th, [We want] to see how you improve Boston.”
A total of 25 startups will vie for prize money in the sixth-annual competition. Each company making a pitch in the next ten days will get $25,000 in exchange for 10 percent of its equity.
“It’s an important way for companies to see what stage of growth they are at,” Chrastka said. “For the lucky ones who end up winning, they will get a lot of value, because the prize money is probably the best way to get to the next level,” by getting an initial infusion of capital for the company.
On Oct. 29, audiences at the Bank of America-hosted competition will select finalists for each business category. The winners of each category will be announced November 7. The press conference for finalists will then be livestreamed. Companies can also sign up for challenges via the website, and another vote for two of the finalists (each of them valued at $25,000 each) will take place on Oct. 29.
Here are this year’s competitors, and the industries they serve:
Winners of the 2019 companies will be announced at a business event for about 600 industry leaders on November 7.